By Venkatesh
Publication Date: 2026-05-16 10:45:00
NVIDIA Corporation (NASDAQ:NVDA) is one of the Top 10 Stocks That Will Profit from AI. As a leader in AI hardware, the company’s 2026 roadmap focuses on Physical AI, merging robotics and digital twins through their Omniverse and Blackwell platforms.
On May 12, 2026, Wells Fargo raised its price target on NVIDIA Corporation (NASDAQ:NVDA) from $265 to $315. The firm’s analyst maintained an Overweight rating on the shares. The update comes ahead of quarterly results, with the firm citing the company’s new capacity-driven model. Wells Fargo dismisses peak margin concerns and argues that the stock is a “buy” at less than 20x P/E. The firm maintains that NVIDIA Corporation (NASDAQ:NVDA)’s durable 2027 consensus estimates and favorable growth outlook justify further upside for the company.
Separately, on May 13, 2026, Reuters reported that NVIDIA Corporation (NASDAQ:NVDA)’s CEO Jensen Huang had joined President Donald Trump’s delegation to China. This new development is anticipated to spark optimism for a resolution to the stalled H200 AI chip sales. Huang boarded Air Force One following a last-minute invitation from Trump. The sales for the chips were authorized in January, but the shipments remain blocked by regulatory disagreements. Chinese tech firms view Huang’s presence as a signal of potential progress in the prolonged trade impasse, according to Reuters.
Founded in 1993, the…
